Retirement plan

SUPERIOR RIGGING OFFICE PROFIT SHARING 401(K) PLAN

Name: SUPERIOR RIGGING & ERECTING COMPANY - SUPERIOR RIGGING OFFICE PROFIT SHARING 401(K) PLAN (2019) Form 5500
Creator: SUPERIOR RIGGING & ERECTING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPERIOR RIGGING OFFICE PROFIT SHARING 401(K) PLAN, SUPERIOR RIGGING & ERECTING COMPANY

SUPERIOR RIGGING & ERECTING COMPANYEIN 58-0610331Plan #001PY 2019

3250 WOODSTOCK ROAD - ATLANTA, GA 30316404-627-1335LinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$1.8M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2M

+41.8% from 2018

Total participants

+12.1% from 2018

Average account balance

$126,097

+24.1% from 2018

Annual return

31.19%

+38.24 pp from 2018

Benchmarks

See 15,812 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,812 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.10M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$88K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

68.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$137K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.88%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$16558

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$126,097

$65,367+92.9%

$92,915+35.7%

$72,976+72.8%

Participation rate

30.0%

68.3%-38.3pp

76.0%-46.0pp

69.5%-39.5pp

Annual return

31.19%

42.11%-10.9pp

109.45%-78.3pp

81.02%-49.8pp

Employer contribution / active EE

$2,594-100.0%

$3,653-100.0%

$2,440-100.0%

Participant deferral / active EE

$5,026

$3,128+60.7%

$4,238+18.6%

$3,608+39.3%

Admin fee / account holder

-$141

$4,251-103.3%

$5,796-102.4%

$5,124-102.8%

SUPERIOR RIGGING OFFICE PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPERIOR RIGGING OFFICE PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion